On the stock market since 1985, it operates in the world of heavy industry. It has 45 employees. Now — the numbers.
The company closed last year at a loss: costs ran above sales. The picture changes only if spending is reined in.
No real growth (-1% a year). Red columns mark years that ended in a loss.
Before the clock runs out, either sales must climb sharply or new money must come in. For now, time is on the company’s side.
angles, checked one by one.
The 3 that stand out are on screen; the rest came back neutral.
The council scores out of 10; report-card grades are out of 100.
Profit per Sale: The profit kept from each sale is thin.
The stock trades below its recent peak — about 13% off the top. A pullback, not a collapse.
The company sells $10.0M a year; the problem isn’t sales — it’s costs running above that number.
There is $2.8M in the vault; even if every debt were paid off, $2.8M would remain.
A loss of $131K against $10.0M in annual sales.
The price action doesn’t yet back an upward turn. Council score: 0/10.
As the slice kept from each sale thins out, so does the profit. Council score: 3/10.
On our five-subject report card, IBAL sits behind the class. A low grade doesn’t mean “doomed” — it means “big claim, small proof.”
The takeaway: IBAL is a small company that closed last year at a loss. The road back to profit runs through spending discipline.